THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET
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Answer Posted / hemanth kumar
Hi Kirti, don't get confused, understand the question
clearly. Here P/L debit side means expenditure, since the
question clearly say's that debit side is more, that means
to say that expenditure is more. In other words it is net
loss. Hence it goes to balance sheet asset side.
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